IWS PropertiesWe specialize in buying distressed properties (multi-family, commercial, retail, single family, bank REO’s, sellers who need to sell fast)… and working with property sellers who just can’t sell the traditional route through a real estate agent.

4 Mistakes You Should Avoid When Listing When An Agent In Southern California

Selling your Southern California house through an agent? Make sure you read this blog post that reveals 4 mistakes you should avoid when listing when an agent in Southern California…

If you’re looking to sell your Southern California house, or if you’re an agent who is selling houses in Southern California then here are 4 mistakes you should avoid when listing when an agent in Southern California…

First, Don’t Assume That You Can Sell Right Away

The market varies and can even shift from one day to the next, depending on a number of factors. So make sure you set realistic timelines about how long it will take to sell.

If you are a seller, assume it will take months for the sales process to be completed – from fixing up the house to showing buyers to negotiating to setting a closing date to moving out. If you are an agent, be careful not to over-promise a timeline to your sellers – set their expectations.

Second, Don’t Assume That The Asking Price Will Be The Selling Price

The asking price is the starting point in the sales process – it establishes what a seller wants to sell for.

If you are a seller, realize that the actual selling price might be different than the asking price. If you’re an agent, make sure you explain this to your sellers.

Third, Don’t Assume All The Money Goes Right Into Your Pocket

Some people make the mistake of assuming that the selling price (minus anything they owe on their mortgage) is pure profit. But this is not true.

If you are a seller, make sure you know that there will be agent commissions, closing costs, and other fees you’ll have to pay. If you’re a real estate agent, make sure you explain to your customers.

Fourth, Don’t Assume That The First Offer Will Go Through

Buyers often make offers and then discover that they can’t get financing for some reason.

If you are a seller, be prepared to have one or two buyers fall through before a buyer can be found. If you’re a real estate agent, prepare your sellers ahead of time by explaining this so they can be ready in case it happens.

Summary

Whether you’re a property owner looking to sell, or you’re a real estate agent who is representing sellers, these are 4 common mistakes that can happen during the sales process – so make sure you’re aware of them.

Are you thinking about selling? Are you an agent who is representing sellers?

About iwsprop25

Mr. Val Falcon is a former US Marine, recognized with multiple awards for outstanding leadership and drive. He has traveled to various Countries around the world serving our Country and learned that the only failure is quitting. After exiting the Marine Corp with an Honorable Discharge he worked 24 years in Law Enforcement. He was then hired by a Fortune 500 Company conducting investigations in Risk Management. Mr. Falcon then began investing in real-estate and works hard to help homeowners and others solve their Real Estate challenges. He will buy properties and offer various solutions so they can move forward in these tough economic times.

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